While Diallo projects as a promising young player, the move is not entirely surprising, as the Pelicans have the opportunity to be active in free agency after trading away Anthony Davis. Even though it’s a relatively modest amount, clearing Diallo’s $1.93MM cap hold from their books creates more cap room for the team to pursue top free agents.
Additionally, the Pelicans just drafted Zion Williamson with the No. 1 overall pick and he projects to play the same position as Diallo.
Diallo, a former McDonald’s All-American, was drafted 33rd overall in 2016 by the Clippers, but was acquired by New Orleans on draft night. In three seasons, he’s averaged 12.6 minutes, 5.5 points and 4.6 rebounds per contest while appearing in 133 games.